FOR IMMEDIATE RELEASE Texan Title Insurance Company is pleased to announce the hiring of Mike Karger as Underwriting Counsel. Mike brings nearly 50 years of industry experience and a proven track record of success in underwriting and risk management. In this role, Mike will bolster an already stellar underwriting department including Mark Baldwin and Bruce […]
Texan Title Insurance Company is excited to announce Lori Cordell has been hired as Vice President/Agency Consultant with TTIC. Lori has built her title career spanning over two decades. “We are excited to have Lori join our agency team. Lori’s extensive experience will expand our ability to support our agents. With Lori being in the […]
DATE: June 1, 2022 TO: AGENTS OF TEXAN TITLE INSURANCE COMPANY FROM: TEXAN TITLE INSURANCE COMPANY UNDERWRITING COUNSEL RE: AGENT’S REQUEST FOR AUTHORIZATION (OVERLIMITS FORM) ________________________________________ Attached is the current version of the TTIC “Agent’s Request for Authorization” form, commonly known as the “Overlimits” form. Please delete any prior version of the form which is […]
DATE: June 1, 2022 TO: AGENTS OF TEXAN TITLE INSURANCE COMPANY FROM: TEXAN TITLE INSURANCE COMPANY UNDERWRITING COUNSEL RE: MV Realty, LLC ________________________________________ Please be alert for filings by a company known as MV Realty of Texas LLC. The document in question may be titled “Memorandum of MVR Homeowner Benefit Agreement.” A copy of a […]
DATE: June 1, 2022 TO: AGENTS OF TEXAN TITLE INSURANCE COMPANY FROM: TEXAN TITLE INSURANCE COMPANY UNDERWRITING COUNSEL RE: USE OF R-18; INSURING PERMANENT CONSTRUCTION LOANS ________________________________________ There is a specific rate rule (R-18) which applies to insuring a permanent construction loan when a LP was issued insuring the interim construction loan. The permanent LP […]
Date: June 1, 2022 To: AGENTS OF TEXAN TITLE INSURANCE COMPANY From: TEXAN TITLE INSURANCE COMPANY UNDERWRITING COUNSEL RE: DEEDS INTO AND FROM TRUSTS ________________________________________ A trust is not a legal entity. In order to convey or take title a trust must act by and through its trustee(s). Recent court decisions have addressed the consequences […]
Date: March 14, 2022 To: AGENTS OF TEXAN TITLE INSURANCE COMPANY From: TEXAN TITLE INSURANCE COMPANY UNDERWRITING COUNSEL RE: INSURING AFTER AD VALOREM TAX SALES ________________________________________ Insuring any transaction where there is a tax sale deed in the chain presents an out of the ordinary risk. Please take note of the following guidelines. 1. Verify […]
Date: March 4, 2022 To: AGENTS OF TEXAN TITLE INSURANCE COMPANY From: TEXAN TITLE INSURANCE COMPANY UNDERWRITING RE: SOURCE OF TITLE/SEARCH GUIDELINES Our search guidelines are as follows: Guideline 1: When you have an Owner’s Policy issued by a licensed Texas underwriter insuring the party now vested in title: A. If your company issued the […]
Date: February 16, 2022 To: AGENTS OF TEXAN TITLE INSURANCE COMPANY From: TEXAN TITLE INSURANCE COMPANY UNDERWRITING RE: PRETENDED SALES – INCREASED RISK WHEN TRANSACTIONS INVOLVE FAMILY MEMBERS Home equity lending was legalized in Texas on January 1, 1998; for the first time Texans could place a lien on their homestead to secure a cash […]
It is with great pride that Texan Title Insurance Company announces the addition of Teresa Frost, CTIP, to the TTIC family! Teresa is nowhere near a stranger to the industry in Texas having begun her career researching abstracts in 1977 in South Texas. Over the past nearly 5 decades, she has established herself as a […]
